He was advanced 1,000,000 UGX from UGAFODE Microfinance Limited (MDI) to boost his agricultural endeavors.
He thanks UGAFODE for considering him for a loan, which he is going to inject into his poultry farm to increase his income. In the photograph, Paul is with his wife.
More information about this loan
This loan is part of UGAFODE's program for clients who live in isolated rural areas with limited access to financial services. Uniquely, UGAFODE focuses its efforts on agricultural areas in Uganda that are over 50 km from their branches, providing loans to both groups and individual borrowers. The organization believes that the risk of offering services to remote clients is outweighed by the benefits to customers and their often underserved communities.
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Success!! The loan was 100% repaid